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Recently, many friends who have multiple positions have approached Sister Ying and found a common point: they like hedging (locking in positions).
If you understand hedging techniques, you can turn the tide; if not, it's still easy to blow up your account.
No matter how volatile, the best way to lock in positions is to keep Bitcoin within 1,000 points, and control the volatility within 50 units, which is basically within our loss range. Of course, the smaller the space, the better!
Unlocking becomes a headache for many friends—improper operations can lead to total loss!
1. Wait until the market stabilizes before unlocking.
2. Be patient enough to wait for resistance levels to break out, then reverse and add to your position. Or wait for support levels to hold, then reverse and add. This way, you can catch a pullback or rebound, and simultaneously lower your average cost.
This method is most effective during sideways or choppy markets, provided your mindset is strong enough. Of course, if the space is larger than 2,000 points, it’s still effective—just repeat the cycle.
After this wave of sharp rise and subsequent pullback, many in the market are locking in positions. How do you unlock yours? $BTC